Search found 759 matches

by Dave55
Sat Sep 19, 2020 11:05 am
Forum: Investing - Theory, News & General
Topic: Questions to ask a prospective financial advisor
Replies: 112
Views: 4692

Re: Questions to ask a prospective financial advisor

Have your relative talk to Rick Ferri or Allan Roth. I am fairly certain both charge by the hour. Rick has a "15 minute complimentary call to see if his service is right for you" Rick Ferri website: https://rickferri.com Allan Roth Website: https://daretobedull.com I have many friends that are not ...
by Dave55
Fri Sep 18, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: Relocation - CO considerations?
Replies: 59
Views: 4124

Re: Relocation - CO considerations?

I lived most of my life split between the east coast, west coast and midwest. About 6 years ago I moved to the Denver metro area, best move I have ever made. Love it here.


Dave
by Dave55
Fri Sep 18, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Questions to ask a prospective financial advisor
Replies: 112
Views: 4692

Re: Questions to ask a prospective financial advisor

Have your relative talk to Rick Ferri or Allan Roth. I am fairly certain both charge by the hour. Rick has a "15 minute complimentary call to see if his service is right for you" Rick Ferri website: https://rickferri.com Allan Roth Website: https://daretobedull.com I have many friends that are not i...
by Dave55
Tue Sep 08, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 97
Views: 7530

Re: How do Bogleheads cope with FOMO? [Fear Of Missing Out]

Ben Carlson wrote a interesting piece today, "Why Even the Best Stocks Have to Crash"
Unpacks the gravity concept mentioned by tiburblium.

https://awealthofcommonsense.com/2020/0 ... -to-crash/

Dave
by Dave55
Tue Sep 08, 2020 8:31 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4591
Views: 1279375

Re: What Book Are You Currently Reading? Part VI

"Transcription" by Kate Atkinson. This is my first Kate Atkinson book. My wife suggested it with about a dozen other novels she thought I may like (I am a hard core mystery thriller reader but willing to explore outside the genre). It is well written, good characters, interesting dialogue and good p...
by Dave55
Mon Sep 07, 2020 5:29 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 97
Views: 7530

Re: How do Bogleheads cope with FOMO?

After chasing alpha for 23 years using mutual funds, managed futures, private real estate deals and hedge funds, I realized in retrospect I would have been better off just being in the S&P 500 all that time.

Dave
by Dave55
Mon Sep 07, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Selling home at a loss
Replies: 55
Views: 5980

Re: Selling home at a loss

Since you "over paid" for the house, why not explore to see if someone else would "over pay" for the house by listing it at a price where you recover what you have in it? Since you have time on your side, this approach may be worth testing. You can always lower the price if no takers for your initia...
by Dave55
Sun Sep 06, 2020 9:43 am
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 8742

Re: Wife is "forcing" me to buy stock(s)

Let your wife "learn" how to invest/buy stocks.

Dave
by Dave55
Sun Sep 06, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: What Method of paying cash for car: EFT vs check?
Replies: 31
Views: 1786

Re: What Method of paying cash for car: ECF vs check?

I bought 2 new cars in 2018, and used a personal check with no problem. In the past 30 years I never had an issue using a personal check to buy a new car.


Dave
by Dave55
Tue Sep 01, 2020 8:13 am
Forum: Investing - Theory, News & General
Topic: Don Phillips, former M* CEO is our Bogleheads on Investing podcast guest
Replies: 11
Views: 1281

Re: Don Phillips, former M* CEO is our Bogleheads on Investing podcast guest

Thanks Rick, this was very good. The question you asked Don about the Federal Reserve "modifying/easing" its inflation target and the ramifications of that for fixed income and retirees opened up a discussion that needs to explored in great depth.

Dave
by Dave55
Tue Sep 01, 2020 8:08 am
Forum: Personal Investments
Topic: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather
Replies: 62
Views: 6793

Re: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather

pwill112 wrote: Sat Aug 29, 2020 3:37 pm Why not suggest your grandfather talk with Vanguard, Schwab and Fidelity and discuss it after those 3 "interviews"?
I second this approach.

Dave
by Dave55
Sat Aug 29, 2020 10:13 am
Forum: Investing - Theory, News & General
Topic: "Jack Bogle's Simple Advice for Investors"
Replies: 60
Views: 6097

Re: "Jack Bogle's Simple Advice for Investors"

Thanks Taylor, the basics stated simply.

Dave
by Dave55
Sat Aug 29, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Should I quit high paying job?
Replies: 76
Views: 8519

Re: Should I quit high paying job?

Personally I wouldn't take the abuse, life is too short. It appears as though you could fund being out of work for a while which gives you the freedom to walk. My brother who has managed 60 IT professionals for over 3 decades read this thread and his response was if you have the money to walk, why n...
by Dave55
Thu Aug 27, 2020 8:11 am
Forum: Personal Investments
Topic: [Tesla - good buy after stock split?]
Replies: 34
Views: 3346

Re: [Tesla - good buy after stock split?]

muffins14 wrote: Tue Aug 25, 2020 1:32 pm Would you prefer one box of cereal for $500, or two boxes of cereal for $500 each?
Priceless.
by Dave55
Sat Aug 22, 2020 2:52 pm
Forum: Investing - Theory, News & General
Topic: iPhone - Shanghai & Shenzhen Tickers
Replies: 6
Views: 510

Re: iPhone - Shanghai & Shenzhen Tickers

If someone wanted to add the indexes into the stock app on the iPhone - what is the ticker for both the Shanghai and Shenzhen exchanges (kind of like FTSE, S&P 500, Nasdaq, Dow, Nikkei, etc.). Tony are you trading International stocks? :D I want your hot stock tips! Dave Vanguard also increased aga...
by Dave55
Thu Aug 20, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: iPhone - Shanghai & Shenzhen Tickers
Replies: 6
Views: 510

Re: iPhone - Shanghai & Shenzhen Tickers

abuss368 wrote: Thu Aug 20, 2020 9:40 am If someone wanted to add the indexes into the stock app on the iPhone - what is the ticker for both the Shanghai and Shenzhen exchanges (kind of like FTSE, S&P 500, Nasdaq, Dow, Nikkei, etc.).
Tony are you trading International stocks? :D
I want your hot stock tips!
Dave
by Dave55
Thu Aug 20, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: How to quit a job for retirement
Replies: 61
Views: 5231

Re: How to quit a job for retirement

Some people give notice and are shown to the door immediately. Did that ever happen where you work?

Dave
by Dave55
Thu Aug 20, 2020 8:15 am
Forum: Personal Consumer Issues
Topic: Approach to "News" Consumption
Replies: 82
Views: 4398

Re: Approach to "News" Consumption

I read the Economist, AXIOS.com which attempts to be neutral and fact focused, NY Times, Washington Post, The Hill, Google News.

No TV news.

Dave
by Dave55
Wed Aug 19, 2020 6:27 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4591
Views: 1279375

Re: What Book Are You Currently Reading? Part VI

Just finished "A Private Cathedral" by James Lee Burke, his 40th book and 23rd in the Dave Robicheaux series. Clete Purcell has a larger roll in the book and JLB introduces us to a time traveling hybrid human. If you like JL Burke and Dave Robicheaux, this one is very entertaining and as well writte...
by Dave55
Tue Aug 18, 2020 12:48 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 23491

Re: The 0.5% Rule (SWR)

The main problem with the .5% Rule is I will have no room for all of that money in my pine box.

Dave
by Dave55
Sun Aug 16, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 229
Views: 18982

Re: Did any inheritance make positive effect on your life?

My Mom died when I was in my early 30's and I inherited 1/3 of her IRA. We used it as a downpayment on our first home. This was a wonderful gift.

Dave
by Dave55
Sun Aug 16, 2020 9:22 am
Forum: Personal Investments
Topic: UBER. Should I [sell]?
Replies: 23
Views: 3598

Re: $250,000 in UBER. Should I [sell]?

whodidntante wrote: Sat Aug 15, 2020 7:53 pm Uber? I would sell, but only a quarter million at a time.
Grand Slam!

Dave
by Dave55
Thu Aug 13, 2020 9:51 am
Forum: Investing - Theory, News & General
Topic: Active fixed income funds that make sense
Replies: 32
Views: 1707

Re: Active fixed income funds that make sense

Comparing THIIX to boring old Vanguard Total Bond Market Index Fund, I don't see what it has done that you find attractive. To my eyes Total Bond looks better in almost every way. One thing that stands out is a -7.95% notch in THIIX during 2008-2009, not seen in Total Bond. That's not horrible, but...
by Dave55
Thu Aug 13, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: Active fixed income funds that make sense
Replies: 32
Views: 1707

Re: Active fixed income funds that make sense

Some well known and well run actively managed Bond Funds. I don't own these now but did own a few of these in the past when my portfolio had an active focus. Dodge and Cox Income DODIX Metropolitan West Total Return MWTRX Baird Core Plus Bond BCOSX Baird Agregate Bond Investors BAGSX Western Asset C...
by Dave55
Wed Aug 12, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: Retiring this Friday. Now what?
Replies: 99
Views: 8941

Re: Retiring this Friday. Now what?

I was retired by external forces at 52 from my main career. I got into a second career at 53 that kept me busy and stimulated for 3- 4 years. Then I retired. Explore using an unstructured improvisational approach to your new life. Another way of saying go with the flow. You may be surprised. I got g...
by Dave55
Tue Aug 11, 2020 4:18 pm
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17399

Re: Assets going from 600K->15M, should I change my asset allocation?

Agree on having an hour or 2 conversation with Rick Ferri. I would not be more aggressive than 50/50 allocation.

Dave
by Dave55
Thu Aug 06, 2020 6:09 am
Forum: Personal Investments
Topic: VEA instead of VXUS? [Vanguard Developed instead of Total international]
Replies: 44
Views: 2623

Re: VEA instead of VXUS? [Vanguard Developed instead of Total international]

I have vxus (Vanguard total international stock) for the international part of my portfolio. I was looking for a similar fund that has international but less China and found Vea ( vanguard developed international stock). I am 50% voo, 25% bnd and 25% bnd fund totaling $420:000 with 15 year window. ...
by Dave55
Tue Aug 04, 2020 6:48 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 294
Views: 34790

Re: What have you baked recently?

Cinnamon Scones and chewy chocolate chip cookies. I used recipes for both from Sally's baking addiction website:
https://sallysbakingaddiction.com
Her recipes are fabulous. The scones and cookies were the best I have ever eaten. I better stop though.

Dave
by Dave55
Tue Aug 04, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4591
Views: 1279375

Re: What Book Are You Currently Reading? Part VI

"Simon the Fiddler" by Paulette Jiles. Excellent writing and story. This book is a follow up to "News of the World", both books take place in Texas during and post civil war.

Dave
by Dave55
Mon Aug 03, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: Do financial advisors, themselves, use financial advisors?
Replies: 15
Views: 1469

Re: Do financial advisors, themselves, use financial advisors?

I had a financial advisor about 20 years ago. The firm had 7 advisors and each advisor was "advised/portfolio reviewed/rebalanced" by another advisor in the firm on a quarterly basis.


Dave
by Dave55
Sun Aug 02, 2020 9:23 am
Forum: Personal Investments
Topic: Total Bond Fund for Short Term Savings?
Replies: 25
Views: 2286

Re: Total Bond Fund for Short Term Savings?

Personally I would not use Total Bond for monies needed in 14 months. You may want to consider using Ally CD no penalty paying .9%, with no duration risk. Or Vanguard Short Term Federal with 1.9 years duration and .99% yield.


Dave
by Dave55
Sun Aug 02, 2020 8:27 am
Forum: Investing - Theory, News & General
Topic: Are Financial Advisors a Complete and Total Waste of Money?
Replies: 153
Views: 9241

Re: Are Financial Advisors a Complete and Total Waste of Money?

I have a friend who with their 2 siblings sold their company which was 75 years old and handed down several generations. None of the 3 had any experience or knowledge of investing and they were not the least bit interested in either learning, investing or managing money. They hired a financial advis...
by Dave55
Sat Aug 01, 2020 9:40 am
Forum: Personal Consumer Issues
Topic: best mesh wifi system on the market?
Replies: 50
Views: 3574

Re: best mesh wifi system on the market?

We installed 2-Google Mesh WiFi Routers earlier this year, it is fabulous. We have a 3 story house, so located the units on the 3rd and first floor.

Dave
by Dave55
Fri Jul 31, 2020 6:27 pm
Forum: Personal Investments
Topic: Is 25 too young for paid off house?!
Replies: 72
Views: 5223

Re: Is 25 too young for paid off house?!

Never too young to pay off a house. Why pay interest for 30 years if you don't have to? Dave Because you like money. I would much rather have 1 million dollars after paying. 200k in interest than have 800k after paying 0 dollars in interest. I know a lot of people on this board feel differently... ...
by Dave55
Fri Jul 31, 2020 2:33 pm
Forum: Personal Investments
Topic: Is 25 too young for paid off house?!
Replies: 72
Views: 5223

Re: Is 25 too young for paid off house?!

Emergency Fund: 3 months of expenses. Debt: None House is Paid off (65K) Filing Status: married filing jointly Tax Rate: 12% Fedral 9% state State: Iowa Age: 25 wife 27 AA: 100/0 income 50K Right now we have roughly 82K invested between work traditional/Roth 401k and Roth's and HSA I will be invest...
by Dave55
Fri Jul 31, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: Great Depression 2.0
Replies: 21
Views: 1777

Re: Great Depression 2.0

I think stocks will drop. Now for my ethical speech: "I could be wrong".

Dave
by Dave55
Thu Jul 30, 2020 9:12 am
Forum: Personal Consumer Issues
Topic: First Time Home Buyer / Multi-Family - To Buy Or Not To Buy?
Replies: 21
Views: 1287

Re: First Time Home Buyer / Multi-Family - To Buy Or Not To Buy?

What is the multi family? (fourplex, sixplex, 12 unit apartment building)? How much does it cost? (you give other numbers but not enough info) Would you be able to afford the rental unit if it had a 50% vacancy for 6 months? You will have to up your liability and personal insurance. Can you afford ...
by Dave55
Thu Jul 30, 2020 8:48 am
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 8141

Re: Poor service at Vanguard making me re-think my decision

Never had a problem at Vanguard, Fidelity or Schwab in 30 years.

Dave
by Dave55
Sun Jul 26, 2020 5:56 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4591
Views: 1279375

Re: What Book Are You Currently Reading? Part VI

"The Lost Get Back Boogie" by James Lee Burke, his sixth book. After 9 years and 111 rejections, it was published in 1986.

Dave
by Dave55
Sun Jul 26, 2020 8:57 am
Forum: Investing - Theory, News & General
Topic: Who's doing 100% international equity?
Replies: 129
Views: 17828

Re: Who's doing 100% international equity?

lazyday wrote: Tue Mar 13, 2018 10:31 am Expected returns for US equity is much lower than for ex-US equity. I don't think you have to be crazy to be 100% ex US.

I'm at 83% ex-US.
How do you allocate your ex-US? All Total Int? Or split DM with EM?

Thanks
Dave
by Dave55
Fri Jul 24, 2020 8:53 am
Forum: Investing - Theory, News & General
Topic: Which financial intrument(s) are best for shorting the dollar?
Replies: 20
Views: 1493

Re: Which financial intrument(s) are best for shorting the dollar?

KlangFool wrote: Fri Jul 24, 2020 7:45 am
fredflinstone wrote: Fri Jul 24, 2020 7:43 am if the dollar weakens, gold should perform well.
+1,000.

Silver too.

KlangFool
KF can elaborate on why silver would rally on a weak dollar? Thanks.

Dave
by Dave55
Thu Jul 23, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Getting homeowner's insurance for new house - they want a copy of inspection report
Replies: 21
Views: 1777

Re: Getting homeowner's insurance for new house - they want a copy of inspection report

I have lived in and owned 6 homes in the past 30 years and that never happened. I have Auto Owners Homeowners/Auto/Umbrella and are very satisfied with them. JD Power has ratings for homeowners here: https://www.jdpower.com/business/press-releases/2019-us-home-insurance-study and Auto here: https://...
by Dave55
Wed Jul 22, 2020 9:25 am
Forum: Personal Investments
Topic: Thoughts: Am I too risky running a 2-fund portfolio of VTSAX VBILX?
Replies: 57
Views: 3715

Re: Thoughts: Am I too risky running a 2-fund portfolio of VTSAX VBILX?

This data clearly illustrates the value of using International/Emerging Markets equities. Dave Would you look at the date for international / emerging markets equities for the period 2011 to 2020, and say "this data clearly illustrates the value of sticking to domestic equities"? 2011-2020 is a los...
by Dave55
Tue Jul 21, 2020 6:31 pm
Forum: Personal Investments
Topic: Thoughts: Am I too risky running a 2-fund portfolio of VTSAX VBILX?
Replies: 57
Views: 3715

Re: Thoughts: Am I too risky running a 2-fund portfolio of VTSAX VBILX?

With 0% international, you are not diversified enough. Look up the lost decade of the U.S. stock market. If that happened again, would you be cool with your AA? I am no stock data expert, but this Forbes article reports the international developed market equivalent of VTSAX returned just 1.17% over...
by Dave55
Tue Jul 21, 2020 6:23 pm
Forum: Personal Investments
Topic: Where is your fixed income invested?
Replies: 71
Views: 5340

Re: Where is your fixed income invested?

Total Bond
Short Term Investment Grade
Ultra Short Term Bond
Short Term Tax Exempt



Dave
by Dave55
Mon Jul 20, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 916
Views: 54740

Re: What are you listening to now

John Coltrane Quartet album "Crescent"

Dave
by Dave55
Fri Jul 17, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 6447

Re: Questions for Rick Ferri and Paul Merriman?

For retirees, what are their thoughts about fixed income with the AGG/Total Bond yielding around 1.2%. Have their fixed income recommendations changed?


Thanks
Dave
by Dave55
Thu Jul 16, 2020 8:44 am
Forum: Personal Consumer Issues
Topic: Retirees: How you spend your time?
Replies: 63
Views: 7414

Re: Retirees: How you spend your time?

Question for those that have already retired: How do you currently spend your time? More specifically, how does it compare to how you thought you would spend your time in retirement? Also, any tips on making the actual transition? I'm self-employed. I semi-retired six months ago, and am having a di...
by Dave55
Wed Jul 15, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4591
Views: 1279375

Re: What Book Are You Currently Reading? Part VI

The Revelators by Ace Atkins, the 10th in the Quinn Colson series.

Dave